Energy Services of America (OTCMKTS:ESOA) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Energy Services of America Co. (OTCMKTS:ESOA) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $9.62 and traded as low as $8.96. Energy Services of America shares last traded at $9.42, with a volume of 110,312 shares changing hands.

Energy Services of America Stock Performance

The business’s 50 day moving average is $8.60 and its 200 day moving average is $9.62.

Energy Services of America Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, December 31st. Energy Services of America’s dividend payout ratio is 65.57%.

Energy Services of America Company Profile

Energy Services of America, Inc (OTCMKTS: ESOA) is an energy infrastructure services provider specializing in pipeline and facility construction, maintenance, and integrity management for the oil and gas industry. The company delivers turnkey solutions that encompass project planning, engineering, procurement, and construction for both onshore and nearshore pipeline systems.

Key services include design-build pipeline installation, trenchless technologies such as horizontal directional drilling, integrity management programs featuring inline inspection and right-of-way maintenance, and specialized field services like valve maintenance, hot-tap installations, and environmental remediation.